Saipem wins $145m contracts from BP for Azerbaijan field

by with No Comment News

Saipem, along with its consortium partners Boshelf and STAR GULF FZCO, has won three new contracts valued at $145m from BP towards the development of the Azeri-Chirag-Gunashli (ACG) oil and gas (ACG) field.

The field is located in the Caspian Sea and is approximately 120km off the coast of Azerbaijan. It stretches across an area of more than 4,000km2. Saipem has been a key contractor in ACG field since the 1990s.

ACG is a complex comprising six production platforms namely Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli, West Chirag. It also consists of two process, gas compression, water injection and utilities (PCWU) platforms, equipped with advanced technologies.

Among the three contracts, BP has awarded two contracts for pipeline design, pipelay and associated activities. The other one is for transportation and installation of four jacket pin piles, subsea structure as well as spools.

Saipem said in a statement: “Saipem has obtained one of these contracts as a result of the FEED phase awarded by BP to Saipem’s XSIGHT Division, in consortium with local partners Bos Shelf and Star Gulf, which were engaged from an early stage and on a fast track basis.”

“This excellent result has been achieved thanks above all to collaboration between Saipem’s XSIGHT and Offshore E&C Divisions, a synergy that will be maintained to ensure continuity and efficiency to the execution of the EPCI project.”

Source: https://www.saipem.com/

Petrofac Awarded Three Engineering Contracts In Middle East and North Africa.

by with No Comment News

Petrofac is delighted to have secured three engineering contracts to support clients of Oil and Gas in core markets of the Middle East and North Africa. This award demonstrates Petrofac’s strength of engineering capability and track record in North Africa.All three contracts will be executed by Petrofac’s Engineering & Consultancy Services (ECS) business in Woking, UK.

In Oman, Petrofac will support Flare to Value LLC (F2V) by generating a basic engineering package to offset gas that is currently exploding at three onshore locations. Petrofac’s focus will be on the fast-track execution of constructible, operable and standardized solutions that maximize modularisation and minimize intermission to ongoing operations.
Petrofac will provide FEED and conceptualization studies to clients in Oman and Libya following the security of a clutch of new contracts.

In another deal, Petrofac has been rewarded a contract by Waha Oil Company (WOC) to produce a Front-End Engineering Design (FEED) for its Gialo III field, onshore Libya. The work will be completed over a schedule of 41 months and will support WOC’s planned program of development over the coming next years.

Petrofac has also been win a four-month conceptual and pre-FEED study for the rehabilitation of the Dahra Oil Field in Concession 32, onshore Libya. The scope covers upstream facilities including well sites, flowlines, process plant and export pipelines. The ultimate client is Waha and Petrofac has formed a Project Joint Venture with Taknia to execute the task.

Source: http://www.petrofac.com/

McDermott Awarded Module Fabrication Contract for Arctic LNG Project

by with No Comment News

McDermott International, Inc. announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China, has been awarded a large contract to provide three complex modules for the Arctic LNG 2 Project in the Yamal-Nenets Autonomous Region in Russia.

This award recognizes QMW’s experience and excellent performance in the Arctic on an earlier Yamal LNG project. It is further evidence that QMW is a tier one module fabricator in the LNG market. Fabrication will be completed in QMW’s mega module workshop which provides increased certainty for safety, schedule and successful project delivery,” said McDermott’s Senior Vice President Asia Pacific, Ian Prescott.

The scope includes the fabrication of three Pre-Assembled Unit Complex Process Modules. QMW will undertake fabrication engineering, partial procurement, construction and pre-commissioning scope. Fabrication for the modules is scheduled to commence at the end of 2019 and be completed in mid-2022.

McDermott defines a large contract as between USD $50 million and USD $250 million. The designation refers to McDermott’s share of the award via its joint venture. Because QMW is accounted for as an equity method joint venture, its associated backlog is not included in McDermott’s publicly reported RPO backlog.

Source: http://bit.ly/2mkGnHE 

Galfar wins $60m Saipem contract for Oman’s $7bn Duqm Refinery

by with No Comment News

Galfar Engineering & Contracting has been awarded a subcontract worth $59.9m (OMR23m) by Italy’s Saipem to work on Oman’s $7bn (OMR2.69bn) Duqm Refinery, which is being developed through a partnership between Oman Oil Co and Kuwait Petroleum International.

Galfar has been picked to deliver mechanical, electrical, instrumentation, and piping fabrication works for Sub-Packages A and C.

The clusters are part of the Duqm Refinery Package 3 – Offsite Facilities scheme that Saipem’s Oman branch is working on.

In a statement undersigned by chief executive officer Dr Hans Erlings, Galfar said the contract is scheduled for completion by 27 November 2020, adding that it expected “reasonable income” from the deal.

Source: http://bit.ly/2mDuRaz

Qatar Petroleum issues EPC tender for liquid products storage and loading facilities of the North Field Expansion Project

by with No Comment News

Qatar Petroleum issued “Invitation to Tender” packages for the Engineering, Procurement and Construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG) storage and distribution facilities, which will be located in Ras Laffan Industrial City and will be part of the North Field Expansion (NFE) Project..

Commenting on the announcement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum said, “The release of this tender package reflects the continuing progress Qatar Petroleum is making on the expansion of our LNG production capacity. With the volume of associated liquid products the NFE project will generate from offshore production and onshore gas processing, it was necessary to expand our existing storage and loading facilities. The unique approach in our contracting strategy for the multiple EPC packages allows us to match the execution expertise in the EPC contracting community to this specific scope of work.”

The NFE Project involves the addition of four mega LNG trains as part of Qatar Petroleum’s plans to expand the State of Qatar’s LNG production from 77 million to 110 million tons per annum by 2024.
Source: http://bit.ly/md0W93 

Orascom, Siemens selected to rebuild 1.6GW power plant in Iraq

by with No Comment News

The agreement was signed with Iraq’s Ministry of Electricity to redevelop the Baiji 1 and Baiji 2 power plants in 28 months.

Egyptian contractor, Orascom Construction is set to team up with German conglomerate, Siemens to revamp two power plants in Iraq, after signing an agreement with the countries’ Ministry of Electricity.

In a statement published on its website, the Munich-headquartered firm said that the Baiji 1 and Baiji 2 power plants, which are located in northern Iraq, have a combined generation capacity of 1.6GW.

According to the contractor, work on the plants are set to be completed “within 28 months”.

Work at Baiji will begin once the contracts are approved by Iraq’s Council of Ministers and a financial agreement is reached with the Ministry of Finance.

Chief executive officer of Orascom Construction, Osama Bishai, said:”Our partnership with Siemens is a continuation of a successful relationship following the remarkable achievements on the mega power projects in Egypt.”

Source:http://bit.ly/2kIgFwx

Arkad-ABB awarded EPC for Bulgaria’s Balcanstream pipeline

by with No Comment News

Arkad-ABB SpA, as a member of the consortium led by the Saudi engineering and construction group Arkad, has signed a contract with Bulgartransgaz EAD, a natural gas combined operator, to engineer, procure, construct and fund (EPC&F) a gas pipeline system expansion in Bulgaria. The consortium is made up of Arkad E&C, a US$3 billion engineering and construction group with over 9000 staff, and Arkad-ABB SpA. Overall contract value for the EPC project is €1.102 billion.

Scope of the contract is the construction and delivery of a 48 in., 474 km (295 mile) pipeline linking Bulgaria’s southern border with Turkey to its western border with Serbia. Arkad-ABB will deliver engineering, procurement services, and support to construction, pre-commissioning and commissioning activities for the entire project, through a highly skilled task force mobilised to Bulgaria, and its experienced team located in the Milan head office. The consortium expects to begin work on the project execution immediately after the contract signing and the targeted date of project completion for the whole pipeline system will be 615 days from the letter of assignment date.

Source: http://bit.ly/2lfTOsf

Larsen & Toubro wins up to Rs 2,500 crore contract in Maharashtra, Odisha

by with No Comment News

India-based contractor Larsen & Toubro (L&T) said its construction business had been awarded an engineering, procurement, and construction contract for the Gunjawani piped distribution network, including Narayanpur Lift Irrigation Scheme, from Maharashtra Krishna Valley Development Corp (WRD) in Pune, and another deal by Rural Water Supply and Sanitation Department to develop two rural piped water supply projects in Odisha’s Jharsuguda district.

Work on the Gunjawani project will involve the design, procurement, and construction of gravity mains, as well as the installation of pumping system.

The development will cover 21ha and will draw water from the Gunjawani dam.

The Odisha contract comprises design and construction activities for two intake structures, two water treatment plants, 1.7km2 of transmission and distribution pipelines, 58 overhead service reservoirs, nine booster pumping stations, and associated electromechanical and instrumentation works.

When complete, the project will provide drinking water for 273 villages in the Jharsuguda district, L&T said in a statement.

Source: http://bit.ly/2kLLOPG

Oil attacks: What’s next for Saudi Aramco and world oil markets?

by with No Comment News

It was the worst attack on Middle East oil facilities since Saddam Hussein set fire to Kuwait’s oil wells in 1990.

Drones – or possibly cruise missiles – traveling 500 kilometers (310 miles) across Saudi territory undetected hit at the heart of the kingdom’s oil industry and knocked out five percent of the world’s oil supply.

As a result, oil prices spiked almost 20 percent. That is still lower than the recent $85 height in October 2018 when tensions between the US and Iran were ratcheting up.

Saudi Arabia believes it can have the facility back up and running in a matter of weeks, but if it takes more than six weeks to fix the plants and restore production, oil prices could head towards the $85 a barrel mark. So the situation reflects a real test for state-owned oil giant Saudi Aramco.

The whole world ask why Saudi Arabia’s billion-dollar defences failed to protect its oil facilities and how it affects oil prices and what will be next?

Aramco already has begun shipping equipment from the U.S. and Europe to rebuild damaged facilities, said Fahad al-Abdulkareem, the general manager of southern operations at Aramco.

Saudi officials say there is little sense of calm at the highest levels of the company and the Saudi government, however. It could take some contractors up to a year to manufacture, deliver and install made-to-measure parts and equipment, the Saudi officials and the oil contractor said.

Source: https://cnb.cx/2ldOTrV

NLNG awards $10bn Train-7 EPC contract to Saipem, Daewoo, Chiyoda.

by with No Comment News

The Nigeria Liquefied Natural Gas Company, NLNG, announced that SCD Joint Venture, JV, Consortium, comprising Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea, has emerged the preferred bidder for its Liquefied Natural Gas Train 7 project.

The announcement was made by the Managing Director of the Nigeria LNG, Mr. Tony Attah, at the Letter of Intent Signing Ceremony in Abuja.

He noted that with the presentation of the Letter of Intent to the SCD JV Consortium, the group had been awarded the contract to undertake the Engineering, Procurement and Construction, EPC, for the Train 7 project

He said, “Those in the service industry are not left out with the target to assemble over 70 percent of all non-cryogenic pumps and control valves in-country. Other spin-off opportunities include logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage, and many more. “The target job numbers are very exciting.  At its peak, the project will provide over 40,000 direct jobs and over 100,000 indirect and induced employment of over 100,000 workers. “Beyond the project, there is also huge scope for local businesses to build capabilities in the maintenance of LNG plants especially in the area of cryogenics.

Source: http://bit.ly/2lh0JBv